Jupiter Topco LLC Makes New $4.13 Million Investment in Belden Inc $BDC

Jupiter Topco LLC purchased a new stake in shares of Belden Inc (NYSE:BDC) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 34,464 shares of the industrial products company’s stock, valued at approximately $4,135,000. Jupiter Topco LLC owned 0.09% of Belden as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the business. BlackRock Inc. bought a new stake in Belden during the second quarter valued at approximately $616,536,000. Price T Rowe Associates Inc. MD increased its holdings in Belden by 25.9% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 3,225,244 shares of the industrial products company’s stock valued at $375,903,000 after buying an additional 663,241 shares during the last quarter. Wellington Management Group LLP raised its position in Belden by 15.0% in the fourth quarter. Wellington Management Group LLP now owns 1,685,750 shares of the industrial products company’s stock worth $196,474,000 after acquiring an additional 219,695 shares during the period. Invesco Ltd. raised its position in Belden by 4.0% in the third quarter. Invesco Ltd. now owns 1,015,651 shares of the industrial products company’s stock worth $122,152,000 after acquiring an additional 39,096 shares during the period. Finally, Geode Capital Management LLC boosted its stake in shares of Belden by 2.6% during the 4th quarter. Geode Capital Management LLC now owns 1,007,189 shares of the industrial products company’s stock worth $117,405,000 after acquiring an additional 25,829 shares during the last quarter. Institutional investors own 98.75% of the company’s stock.

Wall Street Analyst Weigh In

BDC has been the subject of several analyst reports. Wall Street Zen lowered Belden from a “strong-buy” rating to a “buy” rating in a research note on Saturday. Truist Financial reiterated a “buy” rating and set a $145.00 target price (down from $155.00) on shares of Belden in a research report on Friday, July 31st. DA Davidson boosted their price target on Belden from $155.00 to $170.00 and gave the company a “buy” rating in a report on Wednesday, August 19th. Weiss Ratings downgraded Belden from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday, July 29th. Finally, Fox Advisors raised Belden from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 9th. Two equities research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Buy” and an average target price of $160.00.

Belden Trading Down 2.0%

BDC stock opened at $112.14 on Wednesday. The company has a debt-to-equity ratio of 0.89, a current ratio of 2.14 and a quick ratio of 1.49. Belden Inc has a 1-year low of $98.00 and a 1-year high of $159.99. The business has a 50 day simple moving average of $116.82 and a two-hundred day simple moving average of $119.76. The company has a market capitalization of $4.38 billion, a price-to-earnings ratio of 18.23 and a beta of 1.09.

Belden (NYSE:BDC) last released its quarterly earnings data on Thursday, July 30th. The industrial products company reported $2.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.02 by $0.32. Belden had a net margin of 8.52% and a return on equity of 25.00%. The firm had revenue of $750.16 million for the quarter, compared to analysts’ expectations of $746.75 million. During the same quarter last year, the business posted $1.89 earnings per share. The company’s revenue for the quarter was up 11.6% compared to the same quarter last year. Belden has set its Q3 2026 guidance at 2.150-2.300 EPS. Research analysts anticipate that Belden Inc will post 8.69 EPS for the current fiscal year.

Belden Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 8th. Shareholders of record on Wednesday, September 16th will be paid a $0.05 dividend. The ex-dividend date is Wednesday, September 16th. This represents a $0.20 annualized dividend and a yield of 0.2%. Belden’s payout ratio is presently 3.25%.

Belden Profile

Belden, formerly Belden Inc (NYSE:BDC), was a global provider of signal transmission solutions for demanding applications. The company produced a wide range of copper and fiber optic cables, connectors, patch panels, cable assemblies, and surge protection devices. Its portfolio extended into networking and security hardware, including managed switches, industrial routers, and software tools for remote monitoring and network management.

Founded in 1902 and headquartered in St. Louis, Missouri, Belden built its reputation on delivering high‐performance, reliable products for harsh environments.